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November 30, 2025
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Dominican economy grows 0.2% in October by Melissa

Dominican economy grows 0.2% in October by Melissa

The dominican economy registered its monthly period of lower growth so far in 2025, with just 0.2%, accumulating an expansion of 2% between January and the tenth month of this year.

According to him Central Bank of the Dominican Republic, the growth of the monthly economic activity indicator (IMAE) was affected last month by the adverse impact of the Storm Melissa on productive and commercial operations.

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October adds to February like the periods of less expansion of the IMAE in 2025, reaching 0.7% in this last month, according to the records of the BCRD.

  • The monetary and financial institution announced that the coordination of monetary and fiscal policies would contribute to the recovery of the Dominican economy, which would close this year with growth of around 2.0 – 2.5%.

“For 2026economic activity would gradually resume its growth rate towards potential, with a projected expansion between 4.0% and 4.5%,” stated the BCRD through a press release.

Troubled panorama

Recently the governor of Central Bank, Hector Valdez Albizuexplained that the dynamics of the dominican economy has been conditioned this year by a international panorama turbulent, characterized by high levels of uncertainty and financial conditions that are more restrictive than expected.

Despite the demanding global context, the official foresees that economic activity will experience a recovery gradual, supported by monetary conditions more favorable conditions and a greater boost to fiscal policy, reflected in the increase in public investment.

Journalist specialized in economics and finance. Since 2012, he has practiced his profession in various media.

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